Notable Wednesday Option Activity: ON, BAC, SFLY
November 14, 2018 at 15:26 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in ON Semiconductor Corp (ON), where a total volume of 64,601 contracts has been traded thus far today, a contract volume which is representative of approximately 6.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 72.7% of ON's average daily trading volume over the past month, of 8.9 million shares..